Key Insights:
Solana price tested the $174–$188 resistance zone three times since 2024, rejecting each time.
SOL futures trading volume remains steady at $6.5B despite a 10% price drop.
Solana corrected nearly 10% after failing to break above the $185 resistance level.
Solana (SOL) has remained stable during the recent drop in the broader cryptocurrency market. While other major digital assets fell, SOL stayed above $160, showing continued buying interest. Market data and trading activity in futures suggest that if the price moves past $200, it could start a new upward trend soon.
Solana Price Resistance Levels Hold Key to Breakout
Solana’s price has remained within a tight range of $165 to $175 after reaching $185 last week. Prices between $174 and $188 are meeting strong resistance. This price peak has been observed several times in the last year.
The data points from history indicate that during May to August 2024, this range acted as a barrier. Later on, it served as a support level between December 2024 and January 2025. In May 2025, Solana’s attempts in this area were again not welcomed, dropping by 10% from its peak value.
Analysts claim this keeps reoccurring because of the importance of the range between $174 and $188. Many traders are observing the market, as a clear breakout or rejection might signal the upcoming direction of the price. If the current level is surpassed, the price might move higher, but if this is rejected, a drop back to areas of previous support is possible
Breakout Above Resistance May Signal Next Solana Price Move
Several analysts are keeping a close watch on the $200 resistance level. Crypto Spaces commented, “Once Solana crosses the $200 level, the next target could quickly shift to $350.” This view is echoed by other market participants who are tracking short-term technical patterns and liquidation data to identify possible entry points.
Ali Chart, a technical chartist, identified the $174–$188 range as a “critical resistance zone.” He stated that if the price can break and close above $188 with volume, it may continue toward $200 and beyond. On the downside, support levels at $155, $140, and $120 could come into play if the current resistance holds firm.